HyaluronicAcid Products Market - Global Industry Insights, Trends, Outlook, and OpportunityAnalysis, 2018-2026
Hyaluronic acid products findwide application in anti-aging processes along with minimal invasive surgery(MIS) procedures. Hyaluronic acid, also known as hyaluronan (HA) is an organiccompound that belongs to the branch of carbohydrates and polysaccharides.Hyaluronic acid is prepared in laboratories by various in-vitro processes suchas extraction from rooster combs and bacterial production. Average human bodyconsists of approximately 15 grams of hyaluronic acid, though it can beadministered through injections or oral administration as directed by thehealthcare professional. Hyaluronic acid is hydrophilic in nature and thus, isused to absorb shock in people with joints disorder such as osteoarthritis.Also due to quick absorption of hyaluronic acid into skin helps combating thesigns of aging such as fine lines and wrinkles which favor the market ofhyaluronic acid product in cosmetics as hyaluronic acid beauty serums.
Furthermore, increase inawareness about health and beauty standards lead to the demand of cosmetics andaesthetics procedure.
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Hyaluronic acid is used intreatment of mouth sores, dry eyes, and aging of skin. Whereas now manybiological fields are evolved and slowly finding the purpose of hyaluronic acidto form a useful product that can favor the growth of hyaluronic acid productsmarket. Treatment of osteoarthritis is also approved by the U.S. FDA in 2015 byusing hyaluronic acid.
Rise in medical application ofhyaluronic acid fuel the hyaluronic acid products market
Hyaluronic acid is present inhuman body but it is also supplemented via oral, intramuscular and intradermalroutes. Due to its hydrophobic nature hyaluronic acid is used for treatment ofosteoarthritis. Whereas hyaluronic acid is also used to replace body fluidduring surgeries of retina, cornea and cataract. Increase in number of plasticsurgeries also favor the growth of hyaluronic acid products market.
Furthermore, hyaluronic acid isalso used as dermal filler in cosmetic surgery. Many hyaluronic acid productsmarket mainly consists of beauty products which provides essential moisture tomaintain skin’s elasticity and smoothness such as hyaluronic moisturizers,shampoos, creams, conditioners and bath oils are also available in the market.Recently approved hyaluronic acid skin filler by FDA binds to water wheninjected into the skin which provides volume to easily fill in the larger foldsof the skin around the cheeks and mouth.
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Regional growth engines of hyaluronicacid products market
Hyaluronic acid products marketis geographically segmented into North America, Europe, Asia Pacific and MiddleEast and Africa. As growth in geriatric population is seen in North America andtheir demand for treatment is expected to boost the hyaluronic acid products industryin North America. According to Population Reference Bureau report the number ofpeople from North America who age 65 and older is projected to more than doublefrom 46 million from year 2016 to over 98 million by 2060. Awareness related toanti-aging treatment and consideration of alternatives like plastic surgeriesalso favor the growth of market in North America. The U.S. FDA approvedRestylane Lyft, hyaluronic acid dermal filler, by Galderma Laboratories in year2015. Various hyaluronic acid cosmetics products such as bath oils, shampoos,creams and conditioners is expected to witness growth in market ofAsia-Pacific.
Key players operating in hyaluronicacid products market
The key players in the globalhyaluronic acid products market are Zimmer Holdings, Inc., Hoffmann-La RocheLtd., Ferring Pharmaceuticals, Inc., F. Merz Aesthetics, Inc., SeikagakuCorporation, Allegran Inc., Smith & Nephew plc. and Alcon, Inc.
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